VHYD.L vs. JSET.L
VHYD.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) and JSET.L (JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc)) are both Dividend funds. VHYD.L is passively managed, while JSET.L is actively managed. Over the past 5 years, VHYD.L returned 11.49%/yr vs 1.50%/yr for JSET.L. At a 0.25 correlation, their price movements are largely independent. VHYD.L charges 0.29%/yr vs 0.08%/yr for JSET.L.
Performance
VHYD.L vs. JSET.L - Performance Comparison
Loading charts...
Different Trading Currencies
VHYD.L is traded in USD, while JSET.L is traded in GBP. To make them comparable, the JSET.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VHYD.L achieves a 13.13% return, which is significantly higher than JSET.L's -1.13% return.
VHYD.L
- 1D
- -0.09%
- 1M
- 0.49%
- 6M
- 10.34%
- YTD
- 13.13%
- 1Y
- 26.60%
- 3Y*
- 18.09%
- 5Y*
- 11.49%
- 10Y*
- 9.93%
JSET.L
- 1D
- 0.43%
- 1M
- -0.70%
- 6M
- -0.48%
- YTD
- -1.13%
- 1Y
- 1.07%
- 3Y*
- 4.07%
- 5Y*
- 1.50%
- 10Y*
- —
VHYD.L vs. JSET.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 13.13% | 27.03% | 9.32% | 11.43% | -5.45% | 17.84% | -0.31% | 20.75% | -8.83% |
JSET.L JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) | -1.13% | 16.02% | -2.41% | 6.67% | -6.20% | -7.67% | 8.56% | -0.95% | -15.25% |
Correlation
The correlation between VHYD.L and JSET.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2018 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VHYD.L vs. JSET.L — Risk / Return Rank
VHYD.L
JSET.L
VHYD.L vs. JSET.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) and JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) (JSET.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VHYD.L | JSET.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.29 | ||
| Sortino ratioReturn per unit of downside risk | +3.25 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.03 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | 0.21 | +3.21 |
| Martin ratioReturn relative to average drawdown | 12.27 | 0.45 | +11.82 |
Loading charts...
Drawdowns
VHYD.L vs. JSET.L - Drawdown Comparison
The maximum VHYD.L drawdown since its inception was -36.60%, which is greater than JSET.L's maximum drawdown of -30.21%. Use the drawdown chart below to compare losses from any high point for VHYD.L and JSET.L.
Loading charts...
Drawdown Indicators
| VHYD.L | JSET.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.60% | -30.21% | -6.39% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -5.05% | -2.69% |
Max Drawdown (3Y)Largest decline over 3 years | -12.48% | -13.70% | +1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -20.89% | -20.80% | -0.09% |
Max Drawdown (10Y)Largest decline over 10 years | -36.60% | — | — |
Current DrawdownCurrent decline from peak | -0.09% | -5.82% | +5.73% |
Average DrawdownAverage peak-to-trough decline | -5.28% | -14.98% | +9.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 2.37% | -0.21% |
Volatility
VHYD.L vs. JSET.L - Volatility Comparison
Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) has a higher volatility of 2.83% compared to JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) (JSET.L) at 1.59%. This indicates that VHYD.L's price experiences larger fluctuations and is considered to be riskier than JSET.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VHYD.L | JSET.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.83% | 1.59% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 8.93% | 4.91% | +4.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.81% | 6.44% | +4.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.62% | 11.65% | +1.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.18% | 11.03% | +4.15% |
VHYD.L vs. JSET.L - Expense Ratio Comparison
VHYD.L has a 0.29% expense ratio, which is higher than JSET.L's 0.08% expense ratio.
Dividends
VHYD.L vs. JSET.L - Dividend Comparison
VHYD.L's dividend yield for the trailing twelve months is around 2.51%, while JSET.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JSET.L JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.51% | 2.77% | 3.15% | 3.31% | 3.72% | 3.14% | 2.90% | 3.23% | 3.77% | 2.96% | 3.16% | 3.32% |
Frequently Asked Questions
VHYD.L and JSET.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JSET.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JSET.L is cheaper with a 0.08% expense ratio, compared with 0.29% for VHYD.L.
They also come from different issuers: Vanguard and ETF Issuer. Their fees differ too: 0.29% for VHYD.L and 0.08% for JSET.L.
Find the right allocation for VHYD.L and JSET.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer